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The fee is a small percentage of the loan amount generally between 1. Ad A Rating with Better Business Bureau. So for a 100000 mortgage a broker would receive a 500 commission based on a 050 procuration.

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Ad 10 Best Home Loan Lenders Compared Reviewed. Web Either way the mortgage broker receives a fee that is a small percentage of your loan amount usually 1 to 2. Best Mortgage Lenders in New Jersey.

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